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Homebuilders Aren’t Overbuilding, They’re Catching Up

By |2024-06-20T08:49:23-05:00June 20, 2024|Real Estate|

You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know. Why This Isn’t Like 2008 People remember what happened to the housing market back in 2008. And one of the factors that contributed to that crash was that there were too many homes for sale. While only part of the oversupply back then came from builders, the lasting impact is that some people still feel uneasy when [...]

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What To Expect if You Buy or Sell a Home This June

By |2024-06-07T09:12:34-05:00June 7, 2024|Real Estate|

June is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make sure you’re ready. If You’re Buying This June A lot of homebuyers with children like to move after one school year ends and before the next one begins. That’s one reason why late spring into summer is a popular time for homes to change hands. And whether that’s a motivator for you or not, it’s important to realize more buyers are [...]

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How an Agent Helps Market Your House

By |2024-06-01T16:27:49-05:00May 29, 2024|Real Estate|

You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too. You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality photos. But that’s not all you’re going to get when you partner with a great agent. They’ll do a lot [...]

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Should I Wait for Mortgage Rates To Come Down Before I Move?

By |2024-06-01T16:12:46-05:00April 29, 2024|Real Estate|

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold. But when rates start to come [...]

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Killeen-Temple MSA February 2024 Housing Report

By |2024-03-17T13:26:06-05:00March 17, 2024|Market Reports|

*Please keep in mind this is for the entire Killeen-Temple Metropolitan Statistical Area (MSA). If you want zip code specific stats, I am happy to get them to you!* First up, we have the Months Supply of Inventory, which currently stands at 3.8. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Strategic Tips for Buying Your First Home

By |2024-02-25T08:14:23-06:00February 25, 2024|Real Estate|

Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it's a dream you can make come true, but there are some hurdles you'll need to overcome in today’s housing market – specifically the limited supply of homes for sale and ongoing affordability challenges. So, if you're ready, willing, and able to buy your first home, here are three tips to help you turn your dream into a reality. Save Money with First-Time Homebuyer Programs                                        Paying the initial costs of homeownership, like your down payment and closing costs, can feel a bit daunting. But [...]

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It’s Time To Prepare Your House for a Spring Listing

By |2024-02-19T18:32:00-06:00February 19, 2024|Real Estate|

If you're thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it'll be important to make sure your house shines bright among the competition. Here are some valuable tips you can use to get your house market-ready. Declutter and Organize First impressions matter, and if your house is a mess, that can easily turn off potential buyers. Before listing, take the time to declutter and organize each room. Decluttering is about more than just tidying up – it's about creating a sense of space and openness [...]

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Killeen-Temple MSA January 2024 Housing Report

By |2024-02-20T10:11:22-06:00February 15, 2024|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the Months Supply of Inventory, which currently stands at 3.6. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Simple Steps to Organize Your Home in January

By |2024-02-20T11:26:45-06:00January 3, 2024|Lifestyle|

January often brings feelings of renewal and a desire for a fresh start. But for many, the post-holiday season can also leave homes feeling cluttered and chaotic. Don't despair! By taking small, manageable steps now, you can banish that feeling and create a more organized and peaceful space you'll love. Remember, organization is a journey, not a destination. Don't try to do everything at once. Instead, set achievable goals and focus on tackling one room or task at a time. Here are some simple yet effective ways to jump-start your January organizing: 1. Clear Out Holiday Clutter: Put away new [...]

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